Question: Help with these 3 questions please Question 12 Not yet saved Marked out of 1.00 There are many assets available for investment. Each annual return


Question 12 Not yet saved Marked out of 1.00 There are many assets available for investment. Each annual return on each asset is a random variable with expected value 10% and standard deviation of returns 20%. The returns are independent. Joe would like to invest in a diversified portfolio of 15 assets, where the an equal sum is invested in each asset. Flag question 7 What would be the standard deviation of the return on this diversified portfolio? Provide your answer as a percentage accurate to two decimals (e.g. 6.73%), but without any percentage sign. Answer: Eloise is going to invest $1000 at time t = 0. This money will be invested for 30 years. The rate of interest earned in any year is variable. Let | denote the investment return in year t. These rates are independent and identically distributed with Pr(1+) = 3% is 0.80 Pr(1) = 4% is 0.20 What is the probability that Eloise's account balance at the end of 30 years will exceed $2500? Please enter your answer accurate to 5 decimal places. Answer: - in 99+ Referring to the previous question: What is the expected value of Eloise's wealth at the end of 30 years? Please enter your answer rounded to the nearest dollar, but without any dollars signs or commas
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